Law Updates

February 17, 2024
US Court Declines to Enforce DIFC-LCIA Arbitration Agreement through DIAC

A look at the fate of existing DIFC-LCIA arbitration clauses after Dubai’s Decree 34 of 2021 dissolved the DIFC-LCIA and transferred its functions to the DIAC (Dubai International Arbitration Centre). In a recent development in the sphere of international dispute resolution, a United States court has refused to enforce a Dubai International Financial Centre-London Court...

February 2, 2024
Enforcement of Arbitral Awards in the UAE – A Step-By-Step Guide Under Federal Law No.6 of 2018

A comprehensive, step-by-step approach to navigating the arbitral enforcement process in the UAE. The law makes a clear distinction between domestic and international arbitrations, significantly influencing the procedures associated with the enforceability of arbitral awards for domestic arbitrations and for international arbitrations. Introduction Arbitration in the United Arab Emirates (UAE) is a widely favoured method...

February 1, 2024
Ratification of Arbitral Awards in the UAE Under the Federal Law No.6 of 2018 – What You Need to Know

Understanding the available avenues for appeal and the specific procedures to be followed is crucial  to address issues that may arise during the ratification process. Challenges to ratification may arise based on various grounds, including procedural irregularities, lack of a valid arbitration agreement, or violations of public policy.   Introduction In the dynamic landscape of...

January 9, 2024
UAE Media Law Reform: The New Decree-Law and Regulatory Landscape 

UAE’s recent enactment of a federal decree-law signifies a pivotal step towards regulating and nurturing a vibrant media landscape. The comprehensive legislation extends ownership opportunities to both individuals and legal entities The UAE Media Council will oversee various aspects including the classification of creative productions and issuance of permits The decree outlines a 12-month adjustment...

December 26, 2023
New Law Reduces Judicial Fees in Ras Al Khaima Courts

Judicial fees in Ras Al Khaima courts are substantially reduced for various legal proceedings, including civil and commercial lawsuits, rental disputes, and executive cases. Fee reductions for appeals made before the Courts of Appeal and Cassation. Jointly intervening litigants can engage in the legal process without incurring additional charges for their motions. On November 16,...

December 22, 2023
arbitrateAD: Abu Dhabi Heralds a New Era in International Arbitration

The Abu Dhabi Chamber of Commerce and Industry has unveiled the Abu Dhabi International Arbitration Centre (arbitrateAD), a new international arbitration centre situated in Abu Dhabi. Starting February 1, 2024, the new governance framework and arbitration regulations will supersede those of the Abu Dhabi Commercial Conciliation and Arbitration Centre (ADCCAC). This significant development marks a...

December 17, 2023
UAE Finance Lease Laws: Lessee or Lessor—Who is Liable for the Losses?

Federal Decree-Law No. (32) of 2023 on Finance Lease comes into effect on 29 March 2024 Bilateral and tripartite leasing includes sale-leaseback arrangements Registration of a finance lease agreement is no more mandatory; but needed to ensure enforceability with third parties In a tripartite lease arrangement, the risk of loss concerning the leased asset is...

December 1, 2023
UAE Revises Patent Fees and Industrial Property Rights Regulations

  New patent fees tailored specifically for small and medium businesses (SMEs). Reinstates fees for services such as annuities and change of representation. Amended fee structure for enhanced Industrial Property Rights regulation takes effect by January 15, 2024. With the introduction of new patent fees and reinstating certain abolished fees, the United Arab Emirates (UAE)...

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